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Income Tax

Fee for use of software taxable as Royalty

Case Law Details

Case Name
ING Vysya Bank Ltd. Vs The Deputy Director of Income Tax (ITAT Bangalore)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2008- 09
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ING Vysya Bank Ltd. Vs The Deputy Director of Income Tax Income-Tax Appellate Tribunal- Bangalore I.T.A. No. 160(Bang.)/2010 (Assessment Year: 2008- 09) ORDER PER SMT P. MADHAVI DEVI, JM; This is an appeal filed by the assessee and its directed against the order of the CIT(A)-IV, Bangalore, dated 30-11-2009 for the assessment year 2008-09. The assessee is aggrieved by the CIT(A) in considering the assessee as assessee is default u/s 201(1) of the Income-tax Act, 1961 on the ground that the assessee has failed to deduct tax at source u/s 195 of the Act on the payments made by it to ING Zurich ...
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